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to blame republicans and just 27% the president if they don't agree on a fiscal cliff. we know that after the election, 60% of people said let's raise taxes on the wealthiest. what more does john boehner need? >> i don't understand the republicans' thinking on this. i really don't. this is power politics. they don't have the leverage in this situation. if they don't cut a deal within the next 30 days, you're going to see tax rates rise on all americans. you're going to see huge cuts in the defense budget. we're probably going to have a double dip recession, and until the congress then gets its act together to fix it and lower rates on the middle class, you will have the republicans essentially responsible for raising tax rates on the middle class. i can't imagine, again, bill krystal said this yesterday. i can't imagine why the republicans would want to be known as raising tacks xes on t middle class. >> thank you both. next, the president reacts to speaker boehner. stay with us. this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice.
to blame republicans and just 27% the president if they don't agree on a fiscal cliff. we know that after the election, 60% of people said let's raise taxes on the wealthiest. what more does john boehner need? >> i don't understand the republicans' thinking on this. i really don't. this is power politics. they don't have the leverage in this situation. if they don't cut a deal within the next 30 days, you're going to see tax rates rise on all americans. you're going to see huge cuts in...
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Dec 6, 2012
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doubt by a margin of 18 points, americans trust the president and democrats to avoid the fiscal cliff over republicans. the same poll gave president obama his highest approval rating in three years, with 53% support. in the next hour and a half, president obama will continue the great reasonableness tour of 2012. visiting a middle class family in northern virginia with the aim of putting more pressure on congress to extend middle income tax cuts. majority leader harry reid did his part for the cause on the senate floor today. >> so it's apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle class families wait for relief and how long will he force the financial markets to wait for uncertainty. >> joining the panel now, the sage of capitol hill, the seasonally elegant luke russert. >> thank you so much for having me. >> you get a special intro when you arrive on set a little late. thrilled to have you here, with ongoing deliberation on capitol hill, you are the eyes. >> eyes and ears hopefully. yet i'm here, congress is recess
doubt by a margin of 18 points, americans trust the president and democrats to avoid the fiscal cliff over republicans. the same poll gave president obama his highest approval rating in three years, with 53% support. in the next hour and a half, president obama will continue the great reasonableness tour of 2012. visiting a middle class family in northern virginia with the aim of putting more pressure on congress to extend middle income tax cuts. majority leader harry reid did his part for the...
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the fiscal cliff standoff. "the new york times" reporting gop leaders are considering extending tax cuts for the fiscal class to avert the fiscal cliff but if that is the case republicans are staying very tight lipped about it. joining me is senator ben carden from maryland a member of the budget committee and the committee on finance. good to have you here and you have said one thing you want from these talks is to show the markets and to show leaders, that leaders have the situation under control there, in your estimation, how would you say that's going so far? >> well predictability is very important. i think the first step is exactly what leader reid said. if we can get predictability on the taxable income below $250,000, everyone knows that's under current rates and also give us the additional revenue we need on that income above $250,000, it shows us that we are moving towards a balanced way to deal with the fiscal cliff. it would be an incredible lift, i think, to confidence in the markets. >> so with ra
the fiscal cliff standoff. "the new york times" reporting gop leaders are considering extending tax cuts for the fiscal class to avert the fiscal cliff but if that is the case republicans are staying very tight lipped about it. joining me is senator ben carden from maryland a member of the budget committee and the committee on finance. good to have you here and you have said one thing you want from these talks is to show the markets and to show leaders, that leaders have the situation...
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Nov 30, 2012
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solving the fiscal cliff in a manner that addresses the true drivers of our debt and saves american jobs will be a great way for the president to start his second term. and for the good of the country, and my colleagues, we're ready to work with the president to achieve those goals. >> [ inaudible ]. >> that was speaker john boehner on capitol hill offering his rebuttal to the president's speech? pennsylvania. michael crowley, i'm sensing that there is a -- the drawing of a line in the sand about the president's squandering some amount of goodwill that the republicans are now trying to sort of further as a mean out there almost as their answer to his presumption of reasonableness or the great reasonableness tour of 2012. >> yeah. you know, boehner saying this is not a game but that's part of saying it's not a game is part of the game. i'm not sure that there's was any genuine goodwill republicans felt to the president as a result of his election. i don't think they had a genuine sense they owed himming that and that's how politics works. fight tooth and nail to your greatest advantage an
solving the fiscal cliff in a manner that addresses the true drivers of our debt and saves american jobs will be a great way for the president to start his second term. and for the good of the country, and my colleagues, we're ready to work with the president to achieve those goals. >> [ inaudible ]. >> that was speaker john boehner on capitol hill offering his rebuttal to the president's speech? pennsylvania. michael crowley, i'm sensing that there is a -- the drawing of a line in...
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Dec 7, 2012
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polls show if we go over a fiscal cliff the american people blame republicans. >> they will blame republicans. >> john: how do you make it the president's doing? >> it's going to be very difficult. he knows he is in a powerful position. he has got, he has got -- politically he has got opposition to things like raising the age on medicare on his side. not going to budge on that. he has got the fact that jeff whelmingly people want to tax the rich. even though it might be bad for the economy or bad for small businesses. it's a political win for him. so he has every interest in dragging this thing out. and hitting republicans over the head. i somewhat disagree with charles. i'm not sure he is going to take the leap over the cliff. one possible point of compromise on taxes might be the buffet rule, where you put a minimum tax on people who earn just $1 million and above. i could see republicans possibly swallowing that. but not sure >> john: charles, lately there has been talk, too, that the republicans may give on tax rate increases if they can hold the president's feet to the fire over spending
polls show if we go over a fiscal cliff the american people blame republicans. >> they will blame republicans. >> john: how do you make it the president's doing? >> it's going to be very difficult. he knows he is in a powerful position. he has got, he has got -- politically he has got opposition to things like raising the age on medicare on his side. not going to budge on that. he has got the fact that jeff whelmingly people want to tax the rich. even though it might be bad...
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Nov 29, 2012
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listen, going off the fiscal cliff will hurt our economy and will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to be impossible to address our country's debt crisis. and get our economy going again and to create jobs. so right now, all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. with that i'll take a few questions. >> speaker boehner, why will you not tell democrats what specific spending cuts you would like to see, especially within en titlements? >> it's been very clear over the last year-and-a-half, i've talked t
listen, going off the fiscal cliff will hurt our economy and will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to...
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Dec 4, 2012
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jobs to china. >>> finally a toddler takes in cnbc's fiscal cliff talk. >> that's like young kids who say they like me saying let's play "hardball." that's going viral obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people in half the republicans think a.c.o.r.n. which no longer exists stole the election. wait until you see these stats. it's like jay walking with jay le leno. i don't know who these people are. anyway, "hardball," the place for politics, coming up. maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice.
jobs to china. >>> finally a toddler takes in cnbc's fiscal cliff talk. >> that's like young kids who say they like me saying let's play "hardball." that's going viral obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people in half the republicans think a.c.o.r.n. which no longer exists stole the election. wait until you see these stats. it's like jay walking with jay le leno....
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Nov 30, 2012
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on the fiscal cliff issue and, secondly, he has to be convincing that republicans will be punished at the ballot box next time if they don't come to a deal. >> but, chris, speaker boehner keeps arguing for cuts but the second time in as many days he declined to name any of the cuts that the gop would make. they seem to be on the defensive. they refuse to give any specifics on what they offer, any deal. republicans want entitlement cuts but often no specifics. they say they will accept new revenue but offer no specifics. say they will make concessions on tax deductions, offer no specifics. they seem to really be on the defensive this time. >> not only are we fresh off an election, which this stuff was intensely litigated. we're not talking about subsidiary issues that didn't get enough attention. we're talking about the stuff that was the first stuff that got said in every debate. the position of raising taxes on the top 2% is incredibly popular. it even polls among the majority of some republicans in some polls. cutting medicare, medicaid is is not popular. in fact, much of the electi
on the fiscal cliff issue and, secondly, he has to be convincing that republicans will be punished at the ballot box next time if they don't come to a deal. >> but, chris, speaker boehner keeps arguing for cuts but the second time in as many days he declined to name any of the cuts that the gop would make. they seem to be on the defensive. they refuse to give any specifics on what they offer, any deal. republicans want entitlement cuts but often no specifics. they say they will accept new...
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Dec 6, 2012
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cliff, raising tax rates on the richest americans for them is still off the table. >> the revenues on the table are coming from, guess who? the rich. there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our economy. if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. a plan that can pass both chambers of congress. >> joining me now is former vermont governor howard dean and msnbc's krystal ball. governor dean, our treasury secretary is a very careful speaker. when asked if they're prepared to go off the cliff, his first word was absolutely. there was nothing, nothing could be more clear that this administration means what they say about getting what they want at this point. >> yeah. the only problem is -- this is a little initially going to team like heresy, the truth is everybody needs to pay more taxes, not just the rich. that's a good start. we won't get out of the problem to raise
cliff, raising tax rates on the richest americans for them is still off the table. >> the revenues on the table are coming from, guess who? the rich. there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our economy. if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. a plan that can pass...
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we are now approaching this fiscal cliff. it is time to govern. this election was a mandate for solutions. it was a mandate for consensus and compromise. house democrats have already said we would compromise. we want to get to higher ground with the republicans. i hope that speaker boehner will also see the handwriting on the wall and enforcing discipline in his own caucus and try and meet us in a compromise that reduces spending smartly, that pays down our deficit, that protects the middle class and that grows this economy again. we can do this if he is willing to compromise. today, he said, once again, he is not willing to compromise. >> here we go, round 14 or whatever it is. congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. [ male announc
we are now approaching this fiscal cliff. it is time to govern. this election was a mandate for solutions. it was a mandate for consensus and compromise. house democrats have already said we would compromise. we want to get to higher ground with the republicans. i hope that speaker boehner will also see the handwriting on the wall and enforcing discipline in his own caucus and try and meet us in a compromise that reduces spending smartly, that pays down our deficit, that protects the middle...
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. >> the tailgating outside fiscal cliff deals is incredible. >> and the sad part, for the american people who are watching from the outside, is they don't realize how much of this theater getting to the deal. we know we have to have -- boehner's going to have to talk tough because it seem likes he's holding firm and the white house is holding firm and the left groups are going to flip and right groups are going to flip and it's going to be this dance, and then we'll get to a deal somehow. if you're saying okay, am i -- are my taxes going up on the 1st or not? >> they are. >> they are, one way or the other. people in the country the way they pay for christmas, focus groups heard this over and over, take out a loan to buy presents, against what they think they'll get back in tax returns to pay back that loan. for those people, all of this dance, we joke, and it is funny and ridiculously childish and high school, maybe junior high, it's scary for people on outside saying -- >> the personal approval rating is 9%, up to 11% now. >> let's also keep in mind, optics are part of this. person who h
. >> the tailgating outside fiscal cliff deals is incredible. >> and the sad part, for the american people who are watching from the outside, is they don't realize how much of this theater getting to the deal. we know we have to have -- boehner's going to have to talk tough because it seem likes he's holding firm and the white house is holding firm and the left groups are going to flip and right groups are going to flip and it's going to be this dance, and then we'll get to a deal...
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a new poll shows republicans will take the blame if a deal isn't reached and we go over the fiscal cliff. 53% say it's on republicans. half that, 27%, will blame the president. this is progress. this is change. if president obama can break republicans on tax increases, this could redefine american politics. it would help to change our politics in very important ways. and who knows what else may be possible. joining me now is krystal ball and richard wolffe. thank you for being here tonight. >> thanks, reverend. >> thanks, reverend. krystal, how big a moment will it be if the president gets the republicans to cave on tax increases? >> i mean, it really is sort of hard to understate how significant that would be. it would es seshlgsentially mar end of when george w.h. bush led taxes. we had the contract for america. that in some ways was the precursor of the tea party and this very extreme rhetoric, us versus them rhetoric, where rather than talking about nuance differences between positions you call the president's health care bill socialism and yell about death panels and caricature thin
a new poll shows republicans will take the blame if a deal isn't reached and we go over the fiscal cliff. 53% say it's on republicans. half that, 27%, will blame the president. this is progress. this is change. if president obama can break republicans on tax increases, this could redefine american politics. it would help to change our politics in very important ways. and who knows what else may be possible. joining me now is krystal ball and richard wolffe. thank you for being here tonight....
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Dec 3, 2012
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news from 2,600 miles away in washington about the fiscal cliff negotiations shaking his head about what if. what is the future for mitt romney within the republican party, if any? >> well it doesn't appear that there's going to be a whole lot of one by his own choice. my colleague did an exhaustive look at what he's been doing. what he's not doing is involving himself in anyway in the political debate. when john mccain lost or john kerry lost they had day jobs to go back to on the hill so thermometer automatically and instantly involved in the debate pep isn't but not showing any inclinton acceleration to be even though we're in a crisis at this moment, particularly the republican party is crying out for some sort of leadership to have somebody to move people along to a compromise. he conceivably could be that man but he seems to be very much looking intern fiscally. >> it's a small sliver of people alive that can understand exactly what the governor is going through now. but certainly not within the heightened style of election process that we go through now. one romney adviser co
news from 2,600 miles away in washington about the fiscal cliff negotiations shaking his head about what if. what is the future for mitt romney within the republican party, if any? >> well it doesn't appear that there's going to be a whole lot of one by his own choice. my colleague did an exhaustive look at what he's been doing. what he's not doing is involving himself in anyway in the political debate. when john mccain lost or john kerry lost they had day jobs to go back to on the hill...
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Dec 5, 2012
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jobs over to china. >>> finally, a toddler takes in cnbc's fiscal cliff talk. [ laughing ] >> that's like young kids who say they like me saying "let's play hardball." anyway, that's going viral, obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people? half think aa.c.o.r.n., which no longer exists, stole the election. what is this fringe called? it's called the gop. wait until you see these stats. it's like jay walking with jay leno. i don't know who these people are. anyway, "hardball," the place for politics, coming up. >>> here's what's happen. iran says it captured a u.s. drone and released a videotape but the u.s. denies losing any. >>> prince william visited his pregnant wife kate at the london hospital where she's being treated for acute morning sickness. back to "hardball." >>> remember the twilight zone on television with rod serling? according to the public policy poll out today, 25% of republicans, that's a quarter of all republicans you know, say they would support their state seceding
jobs over to china. >>> finally, a toddler takes in cnbc's fiscal cliff talk. [ laughing ] >> that's like young kids who say they like me saying "let's play hardball." anyway, that's going viral, obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people? half think aa.c.o.r.n., which no longer exists, stole the election. what is this fringe called? it's called the gop. wait...
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Nov 29, 2012
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going off the fiscal cliff will hurt our economy, it will cost american jobs. republicans have taken action to overt the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester. and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reform, it will be impossible to address the debt crisis and get our economy going again and create jobs. so right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. time for the president, congressional democrats to tell the american people what spending cuts they're really willing to make. with that i'll take a few questions. >> doctor would you not tell democrats what specific spending cuts you would like to see? >> it's been clear over the last year and a half i've talked to the president about many of them. you can look at our budget where we drought l
going off the fiscal cliff will hurt our economy, it will cost american jobs. republicans have taken action to overt the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester. and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reform, it will be impossible to...
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. >> while the national dialog is focused on the fiscal cliff which has the potential to significantly affect state budgets many governors are also tackling the implementation of obama care. starting in 2014 medicaid will be expanded to all americans within 138% of the poverty line, which is individuals making $15,000 a year or less, give health care to as many as 21 million additional americans. eight governors including one of those at the white house today, oklahoma republican governor mary fallin are rejecting the offer, concerned their states may have to foot the bill down the road. the president was sure to have some thoughts following their pow wow at the white house. the six governors are on to meet with house speaker john boehner and senate majority leader harry reid this afternoon, also sure to have some thoughts. joy, the medicare question is really interesting in terms of how the governors play this one. in so far as, if you're a republican governor and offered the federal -- the federal government says it's going to cover i believe 100% of the cost of expanding the rolls f
. >> while the national dialog is focused on the fiscal cliff which has the potential to significantly affect state budgets many governors are also tackling the implementation of obama care. starting in 2014 medicaid will be expanded to all americans within 138% of the poverty line, which is individuals making $15,000 a year or less, give health care to as many as 21 million additional americans. eight governors including one of those at the white house today, oklahoma republican governor...
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more on the fiscal cliff as americans on all levels have to prepare to take the tax hit. hope it doesn't, but i'm going to break it down next. ♪ gerri: i always like to give you the straight poop on everything, and, today, i'm concerned about the fiscal cliff. in the past two days, two very well-connected professional money managers have spoken to me about their trepidation their clients have about the expiration of the bush tax cuts and the cut backs on spending. money is worried, concernend many are selling as you've seen. to read the stories of the press on the fiscal cliff, well, you'd think change is on the horizon just 33 days away, well, it doesn't maer much. in fact, just sit back, relax. the fiscal cliff is not a big deal. i'll quote one here. it's unlikely all of these bad things happen or stay in effect for an extended period of time. pundits call if the fiscal cliff smoke that is, instead o a cliff, the rising support for junking the fiscal approach as confusing and renaming it the austerity crisis or bomb. that's it. according to the u.s. news and world rep
more on the fiscal cliff as americans on all levels have to prepare to take the tax hit. hope it doesn't, but i'm going to break it down next. ♪ gerri: i always like to give you the straight poop on everything, and, today, i'm concerned about the fiscal cliff. in the past two days, two very well-connected professional money managers have spoken to me about their trepidation their clients have about the expiration of the bush tax cuts and the cut backs on spending. money is worried, concernend...
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fiscal cliff talks are they a nonstarter? >> i tell you, you listen to everything that is being said publicly. you see the president there. it's clear that the election, yes, is over. but the campaign goes on here. you know, i really believe that there two things that are clear from the white house to republicans. we are still in preliminary stages here, which is the good news, considering they are far apart. number two, the white house clearly feels it has the upper hand. it came with the $1.6 billion in new revenues and that's twice what the president was talking about before the election. republicans, obviously, rejecting it out of hand. we all heard by now republican leader in the senate mitch mcconnell laughed at it. there you see some of the provisions there. $600 billion in savings. some of it from medicare, another 50 billion in spending and new spending on infrastructure and stimulus spending. that's something that republicans aren't going to want to go to. the two sides are far apart. here we are on december 1st, th
fiscal cliff talks are they a nonstarter? >> i tell you, you listen to everything that is being said publicly. you see the president there. it's clear that the election, yes, is over. but the campaign goes on here. you know, i really believe that there two things that are clear from the white house to republicans. we are still in preliminary stages here, which is the good news, considering they are far apart. number two, the white house clearly feels it has the upper hand. it came with...
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cliff, is there a way to avoid falling over it? joining me live from los angeles, democratic congresswoman maxine waters. congresswoman, always a pleasure to see you. >> hello, how are you? >> tim geithner saying today the administration would deal with social security at a later date. are democrats serious about entitlement reform? >> no, democrats are not furious, except we understand and will insist that social security and medicare not be on the table at all. the president has presented a credible proposal on both taxes and spending, and he did offer up $400 billion in discretionary spending cuts. so, in addition to the $1.6 trillion that we're insisting on in eliminating or allowing the tax cuts for the richest people in this country to sunset, we are offering up tax cuts also. >> you just said social security and medicare off the table. >> that's right. >> for democrats. >> that's right. that's what i think. that's what progressives think. >> most folks, not discounting -- not discounting the progressive wing of your party, m
cliff, is there a way to avoid falling over it? joining me live from los angeles, democratic congresswoman maxine waters. congresswoman, always a pleasure to see you. >> hello, how are you? >> tim geithner saying today the administration would deal with social security at a later date. are democrats serious about entitlement reform? >> no, democrats are not furious, except we understand and will insist that social security and medicare not be on the table at all. the president...
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you guys are willing to go off the fiscal cliff? >> it republicans are not willing to let rates go back up, and we think they should go back to the clinton levels, a the a time when the american economy was doing exceptionally well, then there will not be an agreement. >> while geithner was drawing a line in the sand, house speaker john boehner was busy trying to lift his jaw off the flar after geithner presented the president's debt reduction plans to him last week. >> i was just flabbergasted. i looked at him and said you can't be serious. i have just never seen anything like it. >> yes, indeed, it seems that republicans are not quite sure what to make of the president taking a harder line across the bargaining table. >> you know, the president's idea of a negotiation is roll over and do what i ask. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. the president's plan is just, quite frankly, a joke. >> i'm not sure about that, senator graham, but there will be plenty of time for jok
you guys are willing to go off the fiscal cliff? >> it republicans are not willing to let rates go back up, and we think they should go back to the clinton levels, a the a time when the american economy was doing exceptionally well, then there will not be an agreement. >> while geithner was drawing a line in the sand, house speaker john boehner was busy trying to lift his jaw off the flar after geithner presented the president's debt reduction plans to him last week. >> i was...
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treasury secretary timothy geithner, president obama's point man in these fiscal cliff negotiations, ran the gauntlet this morning. he appeared on all five sunday talk shows, including "meet the press" of course, what else did he say? >> craig, you know if we're in the posturing stage and a lot of people think we're still in the posturing stage with, 29 or 30 days to go. we better hope that they're just posturing, because after the period of optimism, the post-election talk of compromise, you remember john boehner came out the day after the election, the president spoke about compromise as well. they're as far apart as they ever have been and the clock is ticking. what timothy geithner said is as follows, nothing is going to get done unless republicans agree to raise rates on the wealthiest 2% of americans we know the figure by now. those couples filing jointly making more than $250,000. the rates must rise, not a matter of closing loopholes or deductions or simplifying the tax code this is the way it has to be to meet their revenue goals. contrary to what mitch mcconnell and john bo
treasury secretary timothy geithner, president obama's point man in these fiscal cliff negotiations, ran the gauntlet this morning. he appeared on all five sunday talk shows, including "meet the press" of course, what else did he say? >> craig, you know if we're in the posturing stage and a lot of people think we're still in the posturing stage with, 29 or 30 days to go. we better hope that they're just posturing, because after the period of optimism, the post-election talk of...
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jobs over to china. >>> finally, a toddler takes in cnbc's fiscal cliff talk. >> i think companies might be okay with that -- [ laughing ] >> that's like young kids who say they like me saying "let's play hardball." anyway, that's going viral, obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people? half think aa.c.o.r.n., which no longer exists, stole the election. what is this fringe called? it's called the gop. wait until you see these stats. it's like jay walking with jay leno. i don't know who these people are. anyway, "hardball," the place for politics, coming up. okay, now here's our holiday gift list. aww, not the mall. well, i'll do the shopping... if you do the shipping. shipping's a hassle. i'll go to the mall. hey. hi. y'know, holiday shipping's easy with priority mail flat rate boxes from the postal service. if it fits, it ships anywhere in the country for a low flat rate. yeah, i know. oh, you're good. [ laughing ] good luck! [ male announcer ] priority mail flat rate boxes. online pricing
jobs over to china. >>> finally, a toddler takes in cnbc's fiscal cliff talk. >> i think companies might be okay with that -- [ laughing ] >> that's like young kids who say they like me saying "let's play hardball." anyway, that's going viral, obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people? half think aa.c.o.r.n., which no longer exists, stole the election. what...
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>> how i feel, i'm 100% confident we'll resolve the fiscal cliff pretty much a day or two before christmas. what is happening now the public posturing that has to happen in a negotiation so that each side can make their base happy as people move to the middle. once they get behind closed doors and recognize that they have enough good ideas on the table, they'll pick the best ones of those and meet somewhere in the middle to get us somewhere between where the president started and where the republicans would like to end up. i think that's what the american people want. i think what the president has tried to do is make sure that the american people understand what the impact will be if we don't reach a solution and, therefore, he's using that outside end strategy which he didn't use last time, which i'm glad he's using this time. >> we should note here for our viewers that you are a campaign contributor. you donated to the obama campaign. before we get out of here, i want your thoughts that the president is anti-business. a label that he has had to wear for some time now. what do you make o
>> how i feel, i'm 100% confident we'll resolve the fiscal cliff pretty much a day or two before christmas. what is happening now the public posturing that has to happen in a negotiation so that each side can make their base happy as people move to the middle. once they get behind closed doors and recognize that they have enough good ideas on the table, they'll pick the best ones of those and meet somewhere in the middle to get us somewhere between where the president started and where...
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calling on all americans to raise awareness about the fiscal cliff, to get in touch with their congressmen to tweet my2k. here he was doing this in small businessville, pennsylvania just yesterday. >> it's not acceptable to me. i don't think it is acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage because they don't want tax rates on upper income folks to go up. that doesn't make sense. >> in addition to rounding up the voters, he deployed tim geithner to the hill. he just know that leader pelosi is letting house democrats know they better not pull a fredo during negotiations. the president's offer was this. $1.6 trillion in tax increases, a hefty $50 billion in mortgage relief, infrastructure investments. extension of unemployment insurance and a deferral of cuts to medication payments to physicians. oh, yeah, no more debt ceiling fights. he is going to take that one off of congress' plate all together. there is a claim of about $400 billion in entitlement savings. they carry no guarantee and are pushed off another year. right about the t
calling on all americans to raise awareness about the fiscal cliff, to get in touch with their congressmen to tweet my2k. here he was doing this in small businessville, pennsylvania just yesterday. >> it's not acceptable to me. i don't think it is acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage because they don't want tax rates on upper income folks to go up. that doesn't make sense. >> in addition to rounding up the voters, he...
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the deadline for the fiscal cliff is drawing near. you have to imagine that that was a large part of romney's discussions today both with president obama and with ryan. >> kristen welker at the white house, thanks so much. >>> we take you back on capitol hill where congressional leaders put much of their energy on the ongoing fiscal cliff negotiations. oklahoma representative tom cole who broke ranks with republicans by embracing president obama's plan to raise taxes on the wealthy stuck to his guns this morning. >> if we can give the american people an early christmas present, if they can listen to the debate instead of be worried that their own taxes are going to go up, i think that actually strengthens our hand. i haven't changed my mind. i'm not going to come out here and be disingenuous to people. i think it would be a step in the right direction. >> today john boehner expressed disappointment at where the negotiations stand. as our first read team points out, by siding with the white house tom cole may be helping boehner get the
the deadline for the fiscal cliff is drawing near. you have to imagine that that was a large part of romney's discussions today both with president obama and with ryan. >> kristen welker at the white house, thanks so much. >>> we take you back on capitol hill where congressional leaders put much of their energy on the ongoing fiscal cliff negotiations. oklahoma representative tom cole who broke ranks with republicans by embracing president obama's plan to raise taxes on the...
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president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless but guess what, not homeless. city officials say jeffrey hillman does have stable housing, an parm in the bronx. they say he's lived there rent-free for the past three years. but hillman regularly panhandles in times square. >> a former boy scout who says he was sexually abused is suing is the boy scouts of america. the lawsuit claims his former troop leader, thomas hacker was barred from the group in indiana in the 1970s but was able to rejoin as a volunteer in illinois in the 1980s. hacker was arrested in 1988, later convicted in the aggravated sexual assault of an
president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless...
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if a deal the on the fiscal cliff is not reefed. while negotiations appear to be at a standstill, we know president obama and house speaker john boehner finally spoke by phone yesterday. the first conversation in a week. we don't know what they talked about or how long they spoke, because both men agreed to keep details of the conversation between the two of them. meanti meantime, democrats are digging in heels saying no deem if republicans refuse to let go of tax cuts for the wealthy. >> it's really time for republicans to face reality. i would hope the house of representatives would look closely at what's going on with senators coming out saying please, mr. speaker, do something about protecting the middle class. >> and it appears house republicans are also ready, at least some of them, to give he house speaker boehner more flexibility. "the washington post" reports, quote, many gop centrists and some conservatives call on the house speaker to concede on rates now while he still has some leverage
if a deal the on the fiscal cliff is not reefed. while negotiations appear to be at a standstill, we know president obama and house speaker john boehner finally spoke by phone yesterday. the first conversation in a week. we don't know what they talked about or how long they spoke, because both men agreed to keep details of the conversation between the two of them. meanti meantime, democrats are digging in heels saying no deem if republicans refuse to let go of tax cuts for the wealthy. >>...
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the american people want us to avoid the fiscal cliff with a balanced approach. and they want us to do it right now. the average middle-class family is staring at a tax increase of $2,200 come january 1st. we're simply not going to let that happen. if it happens, it'll be under the leadership of the speaker of the house of representatives, john boehner. we'll protect the middle class and we know that we'll have -- there'll be pain on both sides. we know that. but to forge a balanced agreement, we need the republicans to come forward with something. it's time to listen to the american people. and that is really a valid statement. the vast majority of independents support what the president has sent to the republicans in the house. the vast majority of democrats support it. more than 40% of the republicans support this proposal. the republicans need to show us that they can help lead this country. senator durbin? >> thank you, senator reid. we can debate at length whether the november 6th election was -- >> comments from the senate majority leader, harry reid. esse
the american people want us to avoid the fiscal cliff with a balanced approach. and they want us to do it right now. the average middle-class family is staring at a tax increase of $2,200 come january 1st. we're simply not going to let that happen. if it happens, it'll be under the leadership of the speaker of the house of representatives, john boehner. we'll protect the middle class and we know that we'll have -- there'll be pain on both sides. we know that. but to forge a balanced agreement,...
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again, we need to build a temporary bridge to avoid the fiscal cliff and sort this out when we have time. >> jamie: all right. the american medical association initially endorsed obamacare and backtracked, too. we have to see what happens. i guess the president wants what he wants. we vehicle to see whether both sides can come together. thank you so much, john. have a great day. >> guest: thanks. >> jamie: eric? >> eric: jamie, fox news alert from egypt now. the top court of the country announced it suspended its work indefinitely. that because of the protest by supporters of islamist president mohammed morsi. the court was set to rule on the legitimacy of the islamist dominated panel that drafted the new constitution. but it now says it cannot operate in what it calls a "climate filled with hatred." steve harrigan live in cairo at the moment with the latest developments. not very encouraging, steve. good morning. >> reporter: certainly not. in a blow to the egypt constitutional court. judges were going to meet today but the building they were going to meet in was surrounded by protester
again, we need to build a temporary bridge to avoid the fiscal cliff and sort this out when we have time. >> jamie: all right. the american medical association initially endorsed obamacare and backtracked, too. we have to see what happens. i guess the president wants what he wants. we vehicle to see whether both sides can come together. thank you so much, john. have a great day. >> guest: thanks. >> jamie: eric? >> eric: jamie, fox news alert from egypt now. the top...
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the president has asked the american people to put pressure on congress to accept a deal in fiscal cliff negotiations. the white house is pulling out all stops and cranking up the social media campaign. president obama has been encouraging supporters to tweet with the #my2k, explaining what a $2,000 tax increase would mean for them and their families. the white house reports the hash tag has appeared in over 275,000 tweets with twitter seeing more than 18,000 tweets per hour add its peak. the road show coupled with the social media campaign is unprecedented. this is the kind of effort that helped president obama win a second term. now we'll see if his grassroots army can convince republicans to do what's right by the american people. i'm joined tonight by democratic strategist donna gentile-o'donnell and msnbc political analyst and georgetown university professor, michael eric dyson. great to have you with us tonight. >> thank you. >> i just want to go right to this poll. this quinnipiac poll was released today, and it shows the majority of the american people want tax rates to go up for
the president has asked the american people to put pressure on congress to accept a deal in fiscal cliff negotiations. the white house is pulling out all stops and cranking up the social media campaign. president obama has been encouraging supporters to tweet with the #my2k, explaining what a $2,000 tax increase would mean for them and their families. the white house reports the hash tag has appeared in over 275,000 tweets with twitter seeing more than 18,000 tweets per hour add its peak. the...
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the fiscal cliff is bad, but not irretrievable. you can go into january and still put the pieces back together. as you know, defaulting on the debt is irretrievable thing. that's the economic equivalent of a nuclear weapon. that is a big dynamite compared to the fiscal cliff crew having said that, as they get to the year end, i think they'll say we'll vote to extend middle class tax cuts. our leverage is greater because it's the nuclear bomb so they can increase their leverage as they move toward a vote. we may end up into january early february negotiating again about a debt ceilingle. >> that would be very hazardous. an economic nuclear deterrent is only effective if you're ready to set it off. i'm not saying there aren't tea party republicans that would be willing to tank the economy on this, but i think republicans really hand if they think they're going to get a lot of leverage out of this debt ceiling. they may think that. but people remember that episode more than a year ago and it really backfired. it backfired. so you'd ha
the fiscal cliff is bad, but not irretrievable. you can go into january and still put the pieces back together. as you know, defaulting on the debt is irretrievable thing. that's the economic equivalent of a nuclear weapon. that is a big dynamite compared to the fiscal cliff crew having said that, as they get to the year end, i think they'll say we'll vote to extend middle class tax cuts. our leverage is greater because it's the nuclear bomb so they can increase their leverage as they move...
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in our next hour, president obama takes his fiscal cliff campaign to pennsylvania. the president says allowing taxes to rise on the middle class would be, quote, scrooge christmas for millions of americans. >>> plus we're following developing news from the supreme court. waiting to hear if the high court decides to take up several new challenges to same-sex marriage. a live report on that coming up next on news nation. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a l
in our next hour, president obama takes his fiscal cliff campaign to pennsylvania. the president says allowing taxes to rise on the middle class would be, quote, scrooge christmas for millions of americans. >>> plus we're following developing news from the supreme court. waiting to hear if the high court decides to take up several new challenges to same-sex marriage. a live report on that coming up next on news nation. [ male announcer ] citi turns 200 this year. in that time there've...
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you talk about the greek fiscal cliff. we have our own and people here say we could be the next greece. how does that make you feel when you hear that kind of talk from american politicians, american business people, american citizens? >> extremely worrisome because you represent 25% of the global economy whereas greece, which wasn't the cause of the european crisis, only represents 2% of the european gdp. so if you guys were to actually have such deep problems, then it would mean problems for everyone globally and no one would want that. i'm sure that you'll be able to find the right solution by the end of december. >> let us hope. mr. michalos, thank you very much. sue? >>> thank you, ty. two big winners in that $587 million record powerball lottery. but how much do you really need to earn to make you happy? the answer may surprise you. >>> and before you fill up your tank with gas, listen up. aaa is warning regulators to stop sales of a certain type of fuel at the pump because it could damage your car and void your car
you talk about the greek fiscal cliff. we have our own and people here say we could be the next greece. how does that make you feel when you hear that kind of talk from american politicians, american business people, american citizens? >> extremely worrisome because you represent 25% of the global economy whereas greece, which wasn't the cause of the european crisis, only represents 2% of the european gdp. so if you guys were to actually have such deep problems, then it would mean...
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caller: i don't think the american people will get anything unless we let things go over the fiscal cliff. republicans will never agree to anything. i think obama needs to stick to his guns. guest: that is one of view of some liberals and some republicans say let's go over the cliff. then you get to cut tax rates. that is easier politically to do. nobody says it is their first choice. some say the democrats could have more leverage if we go over the cliff. some think tanks have said and most people understand it is a slope. it will be gradual. many people are looking to the stock-market to see what their reaction is if there is not a deal. that could have its own impact on the economy. host: author any strong advocates in the administration who maintain the payroll tax cuts? guest: chris van hollen is a top democrat in the house and has been vocal about saying we should continue it. larry summers said we should continue it. the obama administration had said that it was time to go back and let the tax cut expire. they have been quiet about that recently. host: now again, from "money" magaz
caller: i don't think the american people will get anything unless we let things go over the fiscal cliff. republicans will never agree to anything. i think obama needs to stick to his guns. guest: that is one of view of some liberals and some republicans say let's go over the cliff. then you get to cut tax rates. that is easier politically to do. nobody says it is their first choice. some say the democrats could have more leverage if we go over the cliff. some think tanks have said and most...
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fiscal cliff. today, senator john cornyn tells us what happened inside of a meeting between the treasury secretary and a senate budget committee. and what the treasury secretary told the gop behind closed doors. senator john cornyn is not happy. and you can feel the rage. hurricane sandy and the eruption at fema officials. ahead of the holiday season. we will update you coming up next. and a cartoon snake comes the new face of a 2 trillion-dollar pension nightmare. we will tell you which state could be collapsing under the weight of its own promises, and whether you'll come in the u.s. taxpayer, could be footing the bill for a government bailout that you probably don't realize. >> so the pool of money is smaller. the demand on a pool of money leaves the current workers to ask whether there will be enough when they are able to retire. the problem is the squeeze. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constip
fiscal cliff. today, senator john cornyn tells us what happened inside of a meeting between the treasury secretary and a senate budget committee. and what the treasury secretary told the gop behind closed doors. senator john cornyn is not happy. and you can feel the rage. hurricane sandy and the eruption at fema officials. ahead of the holiday season. we will update you coming up next. and a cartoon snake comes the new face of a 2 trillion-dollar pension nightmare. we will tell you which state...
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>> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday, this as the impasse here on capitol hill continues and the nation waits. social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end of the year as part of the fiscal clear. >> we don't want to see our public hurt in any way. >> just down the road in washington, d.c
>> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to...
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our fiscal cliff-mas gift today alan smith gets down gangnam style. what the senator is saying about the video that's gone viral watching the daily rundown only on msnbc. u see this? oh, let me guess -- more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. restore revive rejuvenate rebuild rebuild rebuild when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as
our fiscal cliff-mas gift today alan smith gets down gangnam style. what the senator is saying about the video that's gone viral watching the daily rundown only on msnbc. u see this? oh, let me guess -- more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills....
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the slow drag of the end of the fiscal cliff, most parties would like americans to think that they have political parachutes but neither democrats or republicans want to take that plunge. how to achieve a center, bob casey is joining me. and then iran claiming that they have an american drone in its possession and how america is e debunking that claim. >>> and michelle obama, does she have aspirations beyond the mom in chief? lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep ziggy's body as strong as a love that reaches further than anyone's words. iams. keep love strong. >>> hi, everybody. i'm thomas roberts. topping the agenda, looking for a few good allies. the nation's top executive meeting with top ex
the slow drag of the end of the fiscal cliff, most parties would like americans to think that they have political parachutes but neither democrats or republicans want to take that plunge. how to achieve a center, bob casey is joining me. and then iran claiming that they have an american drone in its possession and how america is e debunking that claim. >>> and michelle obama, does she have aspirations beyond the mom in chief? lets you hear it... in your heart. [ basketball bouncing ]...
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with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $4,000 would see an increase in $1,200 a year. incomes of $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary tkpwaoeugter in'sers.e.c.geithner's comments about going over the cliff, the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me -- or do not used a skwrebgive thes like
with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $4,000 would see an increase in $1,200 a year. incomes of $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there there is a code of silence...
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cliff. >> first, the fiscal cliff, relative to our nation's spending driven debt crisis is a pothole. you've got 0.3% of all americans that have million dollar incomes. this is a shell game. you can't tax your way out of this problem. i mean, you have revenues that are about the same levels they were five or six years ago, when deficits were running $100, $150 billion. now we know deficits are running $1 to $1.5 trillion. what's changed is on the spending side yet all this discussion is on the tax revenues. you can tax every millionaire 100% and run the government for two or three months. this is a spending driven crisis and it has to be solved on the spending side. until the president gets serious about it, i'm not sure what there is to talk about, soledad. >> i'm not sure that the only conversations have just been on the tax side. i actually think there have been conversations on both. at this moment, right, we're going over or toward the fiscal cliff. if you do nothing, all of our taxes are going up. why not, as a first move, say, listen, nobody at this point wants to raise taxes
cliff. >> first, the fiscal cliff, relative to our nation's spending driven debt crisis is a pothole. you've got 0.3% of all americans that have million dollar incomes. this is a shell game. you can't tax your way out of this problem. i mean, you have revenues that are about the same levels they were five or six years ago, when deficits were running $100, $150 billion. now we know deficits are running $1 to $1.5 trillion. what's changed is on the spending side yet all this discussion is...
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this agreement should come sooner rather than later because just the threat of the fiscal cliff is already hurting our economy. now listen, i believe that raising tax rates hurts our economy, hurts the prospects for more jobs in our country. and i realize the president may disagree, but the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then why wouldn't we consider it? >> what if we go over the cliff. doesn't the president hold all the cards then? can't he say, all right, everybody taxes have increased. i'm offering 98% a tax cut of $2,000 a year. you are the party of lower taxes. are you going to refuse to cut people's tacks? >> nobody wants to go over the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. >> so you have been around this town a long time, you have been in a lot of negotiations, what is there game? what is their thinking as to how they are going to wo
this agreement should come sooner rather than later because just the threat of the fiscal cliff is already hurting our economy. now listen, i believe that raising tax rates hurts our economy, hurts the prospects for more jobs in our country. and i realize the president may disagree, but the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then why wouldn't we consider it? >> what if we go over the cliff. doesn't the president hold...